
Oil Down as Rate Hikes Rekindle Recession Fears
Oil’s three-day rally ended as policymakers made clear they would continue tightening economic reins in the fight against inflation, reigniting fears of a global slowdown.
Oil’s three-day rally ended as policymakers made clear they would continue tightening economic reins in the fight against inflation, reigniting fears of a global slowdown.
Crude oil stocks, not including the SPR, stood at 433.8 million barrels on February 28, according to the EIA's latest weekly petroleum status report.
Canada's federal and provincial governments have rolled out a series of countermeasures this week in response to Trump's tariffs.
Rigzone takes a look at the Texas Independent Producers & Royalty Owners Association's (TIPRO) latest State of Energy report.
'President Trump has pledged to restore energy dominance for the American people, and I am proud to help deliver on that agenda with today's permit extension', Energy Secretary Chris Wright said.
Sapura Drilling has a fleet of five semi-tender rigs and six tender barge rigs.